KBRA Releases Surveillance Report for Wedbush Financial Services, LLC

14 Mar 2024   |   New York


On November 17, 2023, KBRA affirmed the issuer and senior unsecured debt ratings of BBB- for Los Angeles, California-based Wedbush Financial Services, LLC (“WFS”). Additionally, KBRA affirmed the issuer rating of BBB for the primary operating subsidiary, Wedbush Securities Inc. (“Wedbush”), which is dually registered as a broker-dealer with the SEC and as a FCM with the CFTC, as well as an SEC-registered RIA, a self-clearing member of NYSE and CME, and a member of FINRA. The Outlook for all ratings is Stable.

To access rating and relevant documents, click here.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1003536

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